Sunday, November 29, 2020

Matador Resources Company [MTDR] moved down -13.50: Why It’s Important

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Matador Resources Company [NYSE: MTDR] traded at a low on 06/10/20, posting a -13.50 loss after which it closed the day’ session at $9.55. The results of the trading session contributed to over 6393891 shares changing hands. Over the past one week, the price volatility of Matador Resources Company stands at 12.05% while the volatility over the past one month is 8.83%.

The market cap for MTDR stock reached $891.49 million, with 116.61 million shares outstanding. Compared to the average trading volume of 8.29M shares, MTDR reached a trading volume of 6393891 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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What do top market gurus say about Matador Resources Company [MTDR]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MTDR shares is $7.34 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MTDR stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

MKM Partners have made an estimate for Matador Resources Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 09, 2020. The new note on the price target was released on March 20, 2020, representing the official price target for Matador Resources Company stock. On March 16, 2020, analysts decreased their price target for MTDR shares from 21 to 2.50.

The Average True Range (ATR) for Matador Resources Company is set at 0.99, with the Price to Sales ratio for MTDR stock in the period of the last 12 months amounting to 0.75. The Price to Book ratio for the last quarter was 0.56, with the Price to Cash per share for the same quarter was set at 0.29. Price to Free Cash Flow for MTDR in the course of the last twelve months was 1.49 with Quick ratio for the last quarter at 1.00.

How has MTDR stock performed recently?

Matador Resources Company [MTDR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.83. With this latest performance, MTDR shares gained by 22.44% in over the last four-week period, additionally sinking by -36.03% over the last 6 months – not to mention a drop of -44.83% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MTDR stock in for the last two-week period is set at 57.97, with the RSI for the last a single of trading hit 53.87, and the three-weeks RSI is set at 57.94 for Matador Resources Company [MTDR]. The present Moving Average for the last 50 days of trading for this stock 6.22, while it was recorded at 10.54 for the last single week of trading, and 11.77 for the last 200 days.

Matador Resources Company [MTDR]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Matador Resources Company [MTDR] shares currently have an operating margin of +27.21 and a Gross Margin at +35.00. Matador Resources Company’s Net Margin is presently recorded at +8.54.

Return on Total Capital for MTDR is now 8.32, given the latest momentum, and Return on Invested Capital for the company is 2.72. Return on Equity for this stock inclined to 4.98, with Return on Assets sitting at 2.33. When it comes to the capital structure of this company, Matador Resources Company [MTDR] has a Total Debt to Total Equity ratio set at 91.37. Additionally, MTDR Total Debt to Total Capital is recorded at 47.74, with Total Debt to Total Assets ending up at 41.17. Long-Term Debt to Equity for the company is recorded at 88.59, with the Long-Term Debt to Total Capital now at 46.29.

Reflecting on the efficiency of the workforce at the company, Matador Resources Company [MTDR] managed to generate an average of $288,740 per employee. Receivables Turnover for the company is 6.13 with a Total Asset Turnover recorded at a value of 0.27.Matador Resources Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

Earnings analysis for Matador Resources Company [MTDR]

With the latest financial reports released by the company, Matador Resources Company posted 0.3/share EPS, while the average EPS was predicted by analysts to be reported at 0.23/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 30.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MTDR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Matador Resources Company go to -7.10%.

Insider trade positions for Matador Resources Company [MTDR]

There are presently around $1,160 million, or 92.20% of MTDR stock, in the hands of institutional investors. The top three institutional holders of MTDR stocks are: BLACKROCK INC. with ownership of 13,586,447, which is approximately -2.923% of the company’s market cap and around 1.60% of the total institutional ownership; VANGUARD GROUP INC, holding 10,749,349 shares of the stock with an approximate value of $118.67 million in MTDR stocks shares; and STATE STREET CORP, currently with $84.87 million in MTDR stock with ownership of nearly 18.798% of the company’s market capitalization.

Positions in Matador Resources Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 125 institutional holders increased their position in Matador Resources Company [NYSE:MTDR] by around 24,107,521 shares. Additionally, 153 investors decreased positions by around 39,636,812 shares, while 32 investors held positions by with 41,294,163 shares. The mentioned changes placed institutional holdings at 105,038,496 shares, according to the latest SEC report filing. MTDR stock had 41 new institutional investments in for a total of 3,792,211 shares, while 76 institutional investors sold positions of 16,423,040 shares during the same period.

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